
Bryan Data Center Trades for $55 Million
Aphorio Carter has acquired a data center and office complex located in the Central Texas city of Bryan for $55 million. At the time of sale, the facility was fully leased to colocation services provider Fibertown, which recently entered into a 20-year net lease at the property. The seller was not disclosed.
Fibertown Data Center is well-positioned in the College Station area of southeastern Texas which boasts limited competition, a favorable climate, and a centralized location with accessibility to serve major Texas markets, including Houston, San Antonio, Austin and Dallas. Fibertown Data Center currently houses mission-critical systems and disaster recovery operations for Fortune 500 companies and organizations along the Gulf Coast.
The Fibertown Data Center site includes two data center buildings and one office building totaling 69,788 square feet on .57 acres. Fibertown invested over $30 million into a renovation of the property in 2008 and has invested between $250,000-$500,000 in the property annually since 2005.
- ◦Sale/Acquisition